The Mid-America Science Park (MASPark) is one of the most comprehensive science parks in the country, consisting of three interconnected centers:
- Business Incubation & Acceleration Center
- Training & Workforce Development Center
- Worldwide Communications & Conference Center
MASPark is designed to offer entrepreneurs, military personnel, researchers, visitors and students access to office space and shared administrative services; customized labs and training facilities; conference and event space; advanced technology and communication systems; and first-class amenities. As a comprehensive catalyst for innovation, the Science Park was founded on the following principles:
- Value the importance of technological innovation as a foundation for successful entrepreneurship;
- Believe in supporting startups with the best resources and a positive, creative environment;
- Believe in matching promising entrepreneurs with the best financial tools and sources of capital; and
- Work in a culture of collaboration, innovation, creative freedom and accommodation.
MASPark has 112,000 square feet of innovative space with an additional 19 acres reserved for expansion. The Science Park is located 30 miles north of Louisville, Kentucky, and 80 miles south of Indianapolis.
MASPark was created thanks to the constructive collaboration of local leadership, board members and economic development organizations. The vision was for MASPark to be an international resource center that would create, attract and retain well-paying jobs, enhance learning at all educational levels and contribute to the vitality and competitiveness of the region.
In 1997, elected leadership began planning for a dynamic space that would be competitive with other science parks in the U.S. and around the world. Local leaders knew that Scottsburg would be attractive to future clients with advantages such as:
- Open space and reasonable operating costs;
- An established transportation system and infrastructure with regional, national and global links; and
- A long history of strong leadership and successful economic development projects.
In 2009, Scottsburg was in a position to match a $4.3 million federal grant to fund the Mid-America Science Park. Scottsburg received the largest federal grant in the Economic Development Administration region, and one of the largest federal grants in the nation dedicated to increase entrepreneurial and high-tech business development. MASPark opened in the fall of 2011.